As the first month of the new year comes to an end, important partnership news is emerging from altcoin projects such as Sushi and Ripple. Shiba Inu (SHIB) was on the agenda with listing and NFT news. Here are the developments of the day from SHIB and 14 altcoin projects.
StealthEX announces listing of Shiba Inu (SHIB)
Cryptocurrency exchange StealthEX announced that it has listed the Shiba Inu in a new announcement. In the past months, the exchange has listed the entire SHIB trio of Shiba Inu, BONE and Leash tokens. The Shiba Inu is now listed on the exchange’s mobile app.
#ShibArmy let's get more #SHIB to support @Shibtoken 🚀
✨ $SHIB is available for exchange on StealthEX Mobile APP ✨
Swap #ShibaDoge on StealthEX
💎 700+ coins
💎 no registration & limits
💎 privateDownload APK: https://t.co/bGdAuzCDmZ
Google Play: https://t.co/wP8UW7MNcP pic.twitter.com/VL3l4v8DgM— StealthEX (@StealthEX_io) January 16, 2023
Meanwhile, BONE, Shiba Inu’s management token and Shibarium’s main token, set a new record ahead of the upcoming Shibarium beta release. According to the announcement, the number of investors of BONE reached 67,199. cryptocoin.comWe have included other developments from Shibarium in this article.
New Record 🔥
$BONE Reached 67k holders #Shibarium #BONE pic.twitter.com/VMkLEHdDXk— BONEARMY (@BONEARMY1) January 16, 2023
Sushi reveals plans for 2023, focusing on DEX and user experience
The CEO of DeFi app Sushi unveiled the protocol’s 2023 roadmap with a focus on user experience and said that Sushi will launch its DEX aggregator in the first quarter. The protocol will focus heavily on DEX products this year, as part of its previous broader plans to make the protocol sustainable and profitable.
Gray said in his new blog: “Our goal is to become a market-leading DEX by improving our product line and delivering feature equity, providing a solid foundation that enables innovation such as biased LP routes and concentrated liquidity coming in Q1 through our aggregation router.”
Read how we're revitalizing @SushiSwap in 2023!https://t.co/KTnNgtUMaw
— Jared Grey (@jaredgrey) January 16, 2023
According to Gray’s blog post, Sushi will advance in 2023 with the following goals:
- Launching Sushi Studios, Sushi’s decentralized incubator, which will license the brand to launch independently funded projects to support ecosystem growth without burdening the DAO treasury.
- Gray said the DEX aggregation router is building in “incognito mode” in 2022 and that it will “help provide the best user experience by serving users at the most affordable pricing.”
Ripple partner Airwallex announces partnership with American Express
According to a press release from Ripple’s partner Airwallex today, a partnership with American Express has begun to expand payment acceptance options.
As a result of the partnership, Airwallex customers in Australia, Hong Kong, Singapore and the United Kingdom will now be able to accept customer payments with American Express cards. Specifically, they will be able to do this through online payment portals, Xero bill payments, and e-commerce shopping extensions.
We have partnered with @AmericanExpress to allow Airwallex customers to accept American Express cards as a payment method! 💳
Read more here: https://t.co/shNHckywCN#fintech #amex #payments pic.twitter.com/45kOR3pL9y
— Airwallex (@airwallex) January 17, 2023
In another announcement from Ripple, XRPL Labs developer Wietse Wind shared the positive news that the team is currently testing the upcoming version 2.4.0 XummWallet internally. Xumm is a non-custodial client (wallet) for XRP Ledger that supports XRP and more than 8000 tokens issued on XRPL.
We're currently testing the upcoming 2.4.0 @XummWallet release internally.
The upcoming release contains a feature I'm super excited about, as it will expose one of the XRPL superpowers: pathfinding.
Not an xApp, but natively for all payment sign requests.
'Pay with anything' pic.twitter.com/8B4kKUIte7
— WietseWind – 🛠 XUMM @ XRPL Labs (@WietseWind) January 16, 2023
According to Xumm, the upcoming “major release” would include a feature that would unleash one of XRPL’s superpowers: pathfinding. This won’t be an xApp, but pathfinding will be a native feature for all checkout requests.
New portal for altcoin burns came from BabyDoge
Days after the BabyDoge team announced work on the new BabyDoge Burn Portal, they’ve provided details on the upcoming project.
The tweet is part of the team’s efforts to notify members of the BabyDoge Coin community that the token burning portal will be available soon. On January 13, the BabyDoge team invited its 1.7 million followers to give a tweet 3,000 retweets to get a preview of the writing portal. Shared screenshots are as follows:
Burn portal sneak peak 👀 https://t.co/V2GzICVguC pic.twitter.com/b6rbW5akxs
— BabyDogeSwap.com LIVE (@BabyDogeCoin) January 16, 2023
Bugatti Group breaks record with this altcoin project
Bugatti Group, in partnership with the Shiba Inu team, has announced a Big Sweepstakes specifically targeting the Shiba Inu Community. The duo’s NFT collection sold out soon after it went on sale within the week.
According to the new announcement, the Shiba Inu community has a chance to win a prize that includes a Shiba Inu x Bugatti NFT and $300 custom-made crossover luggage. Official tweet and record:
🎁MAJOR GIVEAWAY
🎉Earn the chance to win 1 @Shibtoken x @bugattigrp NFT & physical custom cross body luggage value 300$!
🐶To enter giveaway
1) Follow @bugattigrp
2) RT-Like-Tag 2 frens
3) Set reminder & attend space https://t.co/oARxxj6jQN🪄Winner will be drawn space pic.twitter.com/2XbgvMrQxQ
— Bugattigroup.eth MINT SOLD OUT (@bugattigrp) January 16, 2023
Crypto lender Nexo files lawsuit in Cayman Islands
Nexo filed a lawsuit in the Cayman Islands the same week when Bulgarian authorities raided its offices and charged four people with money laundering-related charges. In a January 12 document, Nexo sued the Cayman Islands Monetary Authority, or CIMA, for refusing to register as a virtual asset service provider (VASP) in the island nation. The crypto credit institution is asking the court to overturn the financial regulator’s decision as it is “suitable” to provide crypto services to residents of the Cayman Islands.
Filecoin Foundation prepares to test IPFS-based communication
The Filecoin Foundation, the governance body that controls the Filecoin network, is moving forward with its plan to launch a decentralized file system in the market this year, Filecoin announced on Tuesday. The announcement stated that the Filecoin Foundation will deploy the interplanetary file system (IPFS) on a Lockheed Martin.
📢 We’ve got news! We’re deploying @IPFS in space aboard @LMSpace’s LM 400 Technology Demonstrator spacecraft!
More from @MartaBelcher, president of @FilFoundation & @joe_landon, vice president & general manager of lunar infrastructure services, @LockheedMartin live from #Davos pic.twitter.com/4oVMGqJIB6
— Filecoin Foundation (@FilFoundation) January 17, 2023
Manipulation claim in giant altcoin project
New allegations about Aptos (APT) show that the NFT project has been manipulated in terms of price. A price action that investors most likely didn’t notice has cast serious doubts on the nature of Aptos’ price performance. On January 16th, APT experienced a remarkable increase in the number of short orders in the market.
A five-minute chart clearly shows that APT has seen a tremendous increase in purchasing power as soon as a solid amount of short orders are opened. Such a rapid increase was not supported by any funds. Such a rapid emergence of buying volume could point to the direct market manipulation needed to avoid unnecessary reversal during the market-wide recovery.
Binance burns 2 million BNB
Binance reports that its native token BNB has successfully completed another burn round. According to the data, 2.06 million BNB has been burned this time, which is equivalent to more than $600 million so far. A total of 44.1 million Binance Coins have been burned so far, representing 21.83% of BNB’s total supply of 202 million tokens.
MANA token leads the altcoin market
Decentraland (MANA) is experiencing extreme volatility today. With its current price performance, the metaverse token maintained one of the most impressive price movements in the last seven days, maintaining a 79.27% growth trend in this time frame.
Cardano’s Daedalus wallet gets new upgrade
Cardano developer Input Output has announced that the latest version of the Daedalus wallet has been released with various improvements. In a tweet, IOG announced the release of Daedalus 5.2.0 for the mainnet.
Daedalus 5.2.0 Mainnet version supports Cardano node version 1.35.4 and Cardano wallet version 2022.12.14. This release also updates the ProjectCatalyst API URL to point to a new URL. Additionally, the update adds Byron wallet monitoring and aggregates similar RAM sizes for easier data analysis.
OUT NOW: #Daedalus 5.2.0 for mainnet
The Daedalus 5.2.0 Mainnet release supports #Cardano node version 1.35.4 and Cardano wallet version 2022.12.14.
1/4 pic.twitter.com/VYijKReaGo
— Input Output (@InputOutputHK) January 16, 2023
Wrapped Bitcoin (WBTC) melts on Ethereum network
The amount of WBTC on Ethereum has dropped drastically since the Ethereum-wrapped version of Bitcoin hit ATH of 285,000 BTC. After the explosion of LUNA/UST, the balance of WBTC on Ethereum dropped by over 35%; this could have been the result of a massive liquidation of positions that led to a reduction in the number of wrapped tokens available on the network.
According to the chart shared by Glassnode, the total number of WBTC on Ethereum is still declining drastically, indicating that there is no demand for Bitcoin on the network.
The total $WBTC Balance wrapped on #Ethereum has declined by over 35% since the collapse of the LUNA/UST project
At the peak, there were 285k #Bitcoin wrapped on #Ethereum, and this has since fallen by 101.55k $WBTC over the course of 2022
📊 Live Chart: https://t.co/y3COK5pbuA pic.twitter.com/QWRYyBcV7j
— glassnode (@glassnode) January 17, 2023
